Australia Building Permits Climb 1.9% In March
(RTTNews) - The total number of building permits issued in Australia was up a seasonally adjusted 1.9 percent on month in March, the Australian Bureau of Statistics said on Thursday - coming in at 12,947.
That was in line with expectations following the 0.9 percent decline in February.
Private house approvals gained 3.8 percent to 8,891 - again matching forecasts following the 12.4 percent surge in the previous month.
Private sector dwellings excluding houses rose 3.6 percent to 3,936.
On a yearly basis, total approvals fell 2.2 percent.
The value of total building approved rose 15.9 percent, following a 16.8 percent February decrease.
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Australia Jobless Rate Falls To 4.0%
Australia's unemployment rate dropped in May and employment increased notably, suggesting that the labour market is relatively tight, official data revealed on Thursday. The jobless rate fell to 4.0 percent in May, as expected, from 4.1 percent in April, the Australian Bureau of Statistics said. The number of people out of work decreased by 9,200 in May, reversing an increase of 33,000 in April
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Australia Business Sentiment Turns Negative In May: NAB
Australia business confidence turned negative in May underscoring that the economic activity continued to remain subdued into the second quarter, survey results from NAB showed on Tuesday. The business confidence index dropped to -3 in May from +2 in April.
At -6, the forward orders index remained deep in the negative zone.
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Australia GDP Adds 0.1% In Q1
Australia's gross domestic product expanded a seasonally adjusted 0.1 percent on quarter in the first quarter of 2024, the Australian Bureau of Statistics said on Wednesday.
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Australia Company Gross Operating Profits Sink 2.5% In Q1
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Australia Has A$4.896 Billion Current Account Shortfall
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Japan Monetary Base Rises 0.9% On Year In May
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Australia Manufacturing PMI Improves To 49.7 In May - Judo Bank
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12 days ago
